Entrepreneurship Quiz

The four functions of business are __________.

Which is a type of self-assessment?

• Failure

• Control

• Employee test

• Interest inventory

What type of plan refers to how a company will be organized?

• Financial

• Theoretical

• Marketing

• Management

What does an entrepreneur’s legacy refer to?

• Leaving their mark on the world

• Controlling business operations

• Developing flexibility

• Taking actions to coordinate a business venture

Which of the following is not an example of leadership skills?

• Planning

• Confidence

• Reading

• Motivation

An intrapreneur is:

• A person responsible for devising an idea, taking risks, and establishing a business

• A person who organizes, operates, and assumes the risk for a business venture

• A corporate executive who develops new enterprises within a corporation

• Someone employed by another for wages or salary

Which is an example of a franchise business model?

• Magazine

• Chain restaurant

• Mobile application

• Social media

Additional information that may be needed about the business venture is often included in what section of a business plan?

• Executive summary

• Appendix

• Operating plan

• Mission statement

Which of the following is not a characteristic of a business plan?

• Presentation outline

• Cover page

• Operating plan

• Owner’s credentials

Which of the following is not a type of business model?

• Freemium

• Direct sales

• Franchise

• Demand